Taking YETI for Another Ride
I love trading YETI, and after the pullback this week and hold of the 50 SMA, it’s setting up really nicely. Let me walk through how I’m playing it.
Archives: Daily Videos
Mr. Market is Getting Shaky
The indexes have lost momentum, and they are one gap down away from a flush, however they’ve held on thus far. Let’s talk about the major signs I’m looking for, especially in the FAANGs — MSFT, AAPL, NFLX, GOOGL, and some of my favorite directional plays right now, including YETI.
Position Sizing and Risk
The Dow triggered the trade in the setup zone and this brings up position sizing and risk decisions.
Contract rollover, open interest, and trends
Back to some basics for this update as we deal with rollover gaps, open interest, volume shifts and the current trends and setups.
No new all time high this week?
In this video, we look at today’s price action and how the overall markets are trading. We look at the index levels and see that even though we are extended, we are still in a bullish uptrend, so we have to be careful at these levels. When do we need to start worrying and why? Also, we look at a lotto ticket earnings trade I set up in RH.
How high do we go?
In this video, we look at today’s price action and how the overall markets are trading. We look at the index levels and see that even though we are extended, we are still in a bullish uptrend, so we have to be careful at these levels. We also talk about what we see in the next month or two with the markets.
Dow buy pattern forming
The Dow is setting up for a buy, and while I am watching YM futures, this is valid for micro and ETF options as well: Choose your own adventure.
Indices, Energies, Currencies Setups
Lots to still like even though September is a bit choppy to start… the trends that were in place in August are resilient into this month and we want to stick with the trends that are working.
Stocks Extended But Nothing To Short? Do This Instead.
Never a dull moment with this current market…